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Binance futures terms meanings

Binance futures terms meanings : Entry price, mark price, liquidation price meanings need to be clarified as the Binance Futures contracts have become a popular trading type.

What do all these terms such as liquidation price, mark price, entry price and all other related terms mean ? Here is the answer :

Entry Price : The price you at which you placed the order.

Mark Price : Current price

Liquidation price : The price point at which your position would be closed (liquidated)

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